Miramar Resouces

Ground EM Survey Underway at Mount Vernon

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to advise that geophysical contractors have commenced a fixed loop electromagnetic (FLEM) survey at the Company’s 100%-owned Mount Vernon nickel, copper and platinum group element (Ni-Cu-PGE) Project, part of the Company’s district-scale Bangemall Project in the Gascoyne region of Western Australia.


  • Fixed loop EM survey at Mount Vernon to refine targets for future drill testing
  • Miramar has dominant land position in potential new Ni-Cu-PGE province
Miramar believes the Bangemall Project has significant potential for Ni-Cu-PGE mineralisation related to Kulkatharra Dolerite sills, which are part of the Warakurna Large Igneous Province and the same age as the large Nebo and Babel Ni-Cu deposits in the West Musgraves.

The Company previously flew a Versatile Time Domain Electromagnetic (VTEM) survey which identified multiple late-time EM anomalies where a dolerite sill intrudes into sulphidic sediments (Figure 1).

Subsequent reconnaissance rock chip sampling identified coarse-grained sulphides (pyrite) in outcropping fine grained chill margin of the dolerite and coarser-grained gabbro at several locations.

The FLEM survey will test several high priority VTEM anomalies to refine targets for future drill testing, including the “Vernon Gap” target where a strong late-time VTEM anomaly is seen beneath sulphides in outcropping gabbro and adjacent to significant Ni and Cu results in historic sampling (Figure 2).

Figure 1. Mount Vernon Project showing dolerite sills and late-time VTEM anomalies (Z channel 45).

Figure 2. “Vernon Gap” Target showing proposed FLEM survey lines in relation to VTEM anomaly, outcropping gabbro and historic rock chip samples.

Miramar’s Executive Chairman, Mr Allan Kelly, said the Bangemall Project had the potential for a style of Ni-Cu-PGE mineralisation not previously seen in WA, and most like the giant Norilsk deposits in Siberia.

“We believe the Bangemall has the potential to be an entirely new nickel province in which we have built a commanding land position, and we look forward to continuing to uncover the potential of this very large project,” he said.


Click here for the full ASX Release

This article includes content from Miramar Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

M2R:AU
The Conversation (0)
Impact Minerals

Burrendong Minerals Limited IPO

Impact Minerals Limited (ASX:IPT) is pleased to announce that the Prospectus for an Initial Public Offering of Burrendong Minerals Limited (proposed ASX code: BIG) is now available at the following page on Impact’s InvestorHub:

https://impactminerals.com.au/burrendong-priority-offer and at https://www.burrendongminerals.com.au/

Keep reading...Show less
Vancouver with a push pin on map.

British Columbia Creates New Ministries for Energy and Mining

British Columbia (BC) has introduced two new ministries designed to focus on advancing its goals for clean energy and critical mineral development.

Premier David Eby announced on November 18 the restructuring of the former Ministry of Energy, Mines, and Low Carbon Innovation, which will now be split into the Ministry of Energy and Climate Solutions and the Ministry of Mining and Critical Minerals.

The changes reflect the province's commitment to addressing climate change and seizing opportunities in critical mineral production to support the global energy transition.

Keep reading...Show less
Many small beige wooden figures stand surrounding one red figure laying on its side.

Rio Tinto's Ongoing Fight Against Workplace Harassment

Rio Tinto's (ASX:RIO,NYSE:RIO,LSE:RIO) latest review on workplace culture has revealed an increase in reports of harassment and bullying across its global operations, highlighting challenges in the company’s ongoing efforts to implement cultural reforms.

The findings of the 2024 Everyday Respect report, part of a two-year external Progress Review led by former Australian Sex Discrimination Commissioner Elizabeth Broderick following the first Everyday Respect Report, draw attention to the broader complexities of achieving cultural change in a diverse and global organization.

The review incorporated extensive feedback, with over 11,600 contributions from employees and contractors globally. Broderick's team conducted surveys, listening sessions and site visits across Rio Tinto’s operations in countries such as Mongolia, Canada, the United States, New Zealand and Australia.

Keep reading...Show less
Impact Minerals

Impact Receives $512,000 from Research and Development Rebate

Impact Minerals Limited (ASX:IPT) is pleased to announce that it has received a rebate of $512,000 before costs from the Research and Development Tax Incentive scheme for the financial year ending June 2024.

Keep reading...Show less
Rimfire Pacific Mining Limited

Bald Hill Confirmed as a High-Grade Cobalt Opportunity

Rimfire Pacific Mining (ASX: RIM, “Rimfire” or “the Company”) is pleased to advise that all remaining drill assays have now been received for a step out diamond drilling program completed during the September 2024 Quarter at the 100% - owned Bald Hill Cobalt Copper Prospect which is located approximately 30 kilometres west of Broken Hill, NSW (Figure 1).

Keep reading...Show less
Map showing Québec, Canada.

Québec's Copper Resource Offers New Opportunities for Investment

As the global journey toward electrification and decarbonization continues to ramp up, Canada’s role as a geopolitically stable source of the key minerals enabling this transition is increasingly evident, driving the need for the development of new and sustainable copper supply across the country.

In 2022, Canadian mine production accounted for approximately 2.4 percent of the global total, which stood at around 22 million metric tons. BC currently leads the nation in copper production, followed by Ontario, which produced approximately 159,432 metric tons of copper in 2022.

Québec, Canada's second largest province, is emerging as a significant player in the global copper industry. With its rich geological formations and strategic location, Québec offers substantial opportunities for copper exploration and mining.

Keep reading...Show less

Latest Press Releases

Related News

×